Abstract

Among the various issues surrounding Japan's economy, three types are prominent in recent literature: issues concerning the magnitude and measurement of Japan's economic growth; issues concerning Japan's economic structure, behavior, and performance; and issues concerning the nature of Japan's relations with the United States. In the second and third categories, many of the issues, directly or indirectly, have to do with the liberalization of the Japanese economy—in either its internal or external sectors. With regard to policy issues, adversary positions are typically adopted. However, they also emerge in discussions of nonpolicy issues, such as those regarding quantification and measurement. The disagreements among the experts provide a useful point of departure for further research and analysis.

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